Semtech's MicroBuddy IC Onboard at TiVoDesign win with DVR pioneer is latest success in Semtech Camarillo, California - August 23, 2004 Semtech Corp. (NASDAQ: SMTC), a leading supplier of analog and mixed-signal semiconductors for communications, portable devices, computers, and industrial equipment, today announced it is shipping its MicroBuddy® microcontroller support IC in volume quantities to TiVo Inc. (Nasdaq: TIVO) for inclusion in the company’s TiVo® Series2™ digital video recorder (DVR). TiVo, which has more than 1.5 million subscribers as of April 30, 2004, designed-in this next-generation MicroBuddy due to its high level of functionality. With several key features - including system power management - integrated in one device, the TiVo recorder gains board space savings, lower system costs and lower power consumption benefits. Having MicroBuddy onboard at TiVo represents Semtech’s ongoing effort to expand content in key applications such as cellular phones, notebook computers and other consumer electronics. “The evolution of the DVR highlights the trend toward increased integration and functionality taking place in all segments of the consumer electronics market,” said Jason Carlson, Semtech President and CEO. “These market dynamics are driving manufacturers to seek higher levels of innovation and integration from their component vendors, and MicroBuddy is a great example of how Semtech is responding to these customer needs. I value the confidence that TiVo has placed in Semtech and look forward to working with them on future product platforms.” About SemtechSemtech Corporation is a leading supplier of high-quality analog and mixed-signal semiconductor products. The company is dedicated to providing customers with proprietary solutions and breakthrough technology in power management, protection, advanced communications, human interface, and test & measurement products. Publicly traded since 1967, Semtech is listed on the NASDAQ National Market under the symbol SMTC. For more information, contact Semtech Corp. at 200 Flynn Road, Camarillo, CA 93012-8790; phone (805) 498-2111; email to info@semtech.com; or visit its web site at www.semtech.com. Press ContactTerry Sears, Marketing Communications Manager, Telephone: 805.498.2111 |
